With the National League for Democracy’s (NLD) landslide victory in the general elections in November, China expects a new page in Myanmar’s domestic politics and foreign policy under the new government to be inaugurated at the end of March 2016. The NLD’s yet-to-be-clarified policy direction has led to a major sense of uncertainty in the […]
China, Myanmar sign business contract on building locomotive, coach plants
July 24, 2013 by
China National Machinery Import and Export Corporation (CMC) and Myanmar Ministry of Rail Transportation on Wednesday signed a business contract in Nay Pyi Taw on building a plant each for producing locomotive engines and coaches. The project will be implemented at buyers’ credit loan preferentially extended by the Chinese government. CMC President Wang Xusheng and […]
Chinese Investment in Myanmar: Lessons and Opportunities
July 2, 2013 by
In April 2013 China’s newly appointed ambassador to Myanmar Yang Houlan officially encouraged increased corporate investment from Chinese corporations into Myanmar, which he feels will yield mutual benefit. However, the reality is that China has cut its investment in Myanmar since the $3.6 billion Myitsone dam project was halted last September because of domestic opposition. […]
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